Bitcoin against USD on the 1 hour chart has been using $10250 zone as a pivot zone for the last 10 days. This zone has acted as both support and resistance for swing highs and lows.
If price can break through I expect a quick run up to $11000.
If it cant break through then we could spend a couple of days bouncing around $10250 and $9800 before heading...
This Chart shows Bitcoin on Log scale.
Log scale shows the price on the right spaced with a percentage difference. A Linear chart just shows the difference in price.
This chart is merely one possible scenario (of the infinite possibilities that exist) It is not a prediction and merely an attempt to make people zoom out and take stock of where we are and...
NEO USD is at a very important level. For the last 2 months price has continually been drawn to $130 which has proved to be a pivot zone as seen by the purple arrows.
The downtrend that started 15 JAN has been broken and price for now is following the bullish trendline that started on 12 FEB.
Im not sure which way this will go. This chart looks bullish to me...
Stellar Lumens look set to breakout against the USD.
Price is converging on both a the horizontal resistance of $0.48 and the ascending trend line. This could lead to a breakout of $0.48 to the upside or a break down through the trendline.
LONG TARGETS $0.55 $0.65
SHORT TARGETS $0.35 $0.26
BTC USD has just broken out of the $10850 resistance level.
$11000 could quickly end this move however If price can break through $11000 then this breakout is confirmed.
Long term target would be $12000.
buycryptoaus.com it looks like an obvious thing to say.. SOMETHING will happen at $1000. But will it test $1000 a few times before breaking out?
Or will it shoot right through on the first time?
In the past Ethereum has used $1000 as a pivot point and keeps returning back like a magnet. Ive drawn one scenario where price tests...
Ripple XRPUSD has been moving between $0.88 and $1.08 for a couple of days now.
If it breaks above $1.16 area the next resistance levels are $1.65 and $2.10
A break below $0.88 could see $0.57 tested. Its a long way to the next support zone of $0.28
Support zones $0.88 $0.57 $0.28
Resistance zones $1.15 $1.65 $2.10
Cardano is coiling up nice and tight. All that energy has to go somewhere.
If it breaks long I would personally be looking for 7000 satoshis as a target.
If it breaks short i would be looking for 3000 first and then 1500.
Which way do you guys think it will go?
Iota is currently sitting below $2 USD which will prove to be a crucial level in the days ahead.
The downtrend remains intact as long as IOTA is below $2. If price can break through $2, retest $2 and then continue up to $3 then the downtrend has been reversed and a bull run has likely started.
Iota respects the big round numbers like $2 $3 and $4 so which ever...